For Sale

531 Delaware Avenue, Toronto C02, Ontario M6H 2V3

$3,499,999

531 Delaware Avenue, Toronto C02, Ontario M6H 2V3 is For Sale and has a listing price of 3,499,999. The property is located in the Dovercourt Park neighbourhood . It's been on the website for 4 Days.

  • Multiplex
    Property Type
  • 10
    Bedrooms
  • 10
    Bathrooms
  • MLS ID: C12843388
  • Office Name Royal Lepage Real Estate Associates
Property Description

Prime downtown Toronto investment awaits in this well maintained 6-plex featuring four spacious two bedroom two bathroom units with separate in suite laundry and smart functional layouts that attract reliable tenants plus a versatile laneway house offering bonus living space for additional income or flexible use for a total of 6 legal units. Built in 2022 this property is NOT subject to rent control, delivering an impressive over 5 percent cap rate with all professional AAA tenants in place for a true set it and forget it stabilized asset that generates strong predictable cash flow. Underwriting documents, detailed financials, rent rolls, and supporting supplements are available for review. This rare opportunity in one of the city’s most desirable urban cores won’t last, don’t let it pass you by!

Property Details
  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: C12843388
  • Price: $3,499,999
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: 123.8
  • Ref ID: C12843388
  • Approx Sqft: 3500-5000
  • Dir / Cross St: Dovercourt Rd / Dupont St
  • Status: Active
  • Tax Year: 2025
  • Property Type: Multiplex
  • Property Sub Category: Commercial
Price History
List Date MLS ID List Price Status End Date Closed Price
03/04/2026 C12843388 $3,499,999 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Dovercourt Park
  • $1,545,994 Average List Price
    based on 1 year
  • 18 New Listings
    based on 30 days
  • 28 Median Days on Market
    based on 1 year
  • List vs. Selling Price 1.99 % Below
  • Sold (12mo) 37
  • Rented (12mo) 76

  • 1 Month Change -
  • 3 Month Change -
  • 6 Month Change -100.0%
Walkscore
  • 92 Walk Score
    Walker's Paradise
  • 82 Transit Score
    Excellent Transit
  • 89 Bike Score
    Very Bikeable
Additional Details
  • Heat Type Forced Air
  • Heat Source Gas
  • Style 3-storey
  • Washroom Type1: 10
  • Garage Type Y
  • Parking Spaces: 1
  • Exterior Y
  • Kitchen 6
  • Washrooms Type 1 # Pcs: N/A
  • Taxes: $14,678
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 04/03/2026 14:52:45
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